Corporate governance

Chasing Madoff Chasing Madoff is a 2011 documentary film by Jeff Prosserman, based on the 2010 memoir No One Would Listen: A True Financial Thriller written by the film’s arguable protagonist Harry Markopolos. Chasing Madoff examines Markopolos and his cohorts pursuit of now infamous ponzi schemer Bernard Madoff. Madoff robbed tens of thousands of people, of tens of billions of dollars. Investigative journalists from several large publications were sought out and tried to bring forward expose…

Organization Chart Shaik Jameel President, CEO Deepak Verma CFO Piyush Modi Director of Product Dev. Ashutosh Purohit Director of Operations Management Team The Green Hills Energy management team consists of the President and CEO, the CFO, and two directors: Shaik Jameel, President and Chief Executive Officer Shaik Jameel has been working in the biofuel industry for over seven years. He…

"Multinational corporations do control. They control the politicians. They control the media. They control the pattern of consumption, entertainment, thinking. They're destroying the planet and laying the foundation for violent outbursts and racial division." (Quotes on MNC, Brainy quotes) But, what is a multinational Corporation? A multinational Corporation, also called an MNC, is a corporation that has its facilities and assets in at least one country other than its home country(Multinational…

Agency or principal-agent problem arises because:  Different interest and principal-agent  Unequal or asymmetric information Principal-agent problem occurs in a number of different business relationships, but is a common problem in large joint-stock companies, because of the separation of ownership from control. Owner-managers to engage shareholders in their name make decisions and manage the company. The owners-shareholders are the principals and managers are agents. Managers are better…

Introduction I have chosen an experience to study for my personal application analysis that involves a board position on which I currently serve. The action involved a search process for the organization that I was asked to lead. I failed to fully understand the context and readiness of the employees as I tried to instill a cultural change. The communication methods I used were not sufficient as well. I will use Leigh Thompson’s text to breakdown this situation including Kotter’s 8 steps of…

This essay will discuss the responsibility of the corporate executive and where it lies. We will see if he is accountable to the shareholders, as well as the community. The responsibility of the corporate executive general lies in maintaining the company standards. He’s primarily accountable to the community, well also being accountable to his shareholders and the company. It’s his job as the corporate executive to place policies and practices in motion to keep the company strong and honest. By…

For the integrity and ethical value, I circle number four because it was not a weak nor a stronger control. In the strong section, Doug and Phil (owners) are highly involved in running the business and appear to be people integrity. Another strength, it is the company’s strong experience in growth primarily through “word-of-mouth” advertising which indicates the company operates in ethical and deliver a valuable service. In the weakest section, the sales people are paid on commission and can…

One of the key elements in an organizational design is centralization and decentralization. These two elements are related to the decision making of the company. Decision-making is about authority; whether it should involve only the senior management at the center of a business or vice-versa. An association can either be centralized, in which the degree of decision making is focused on the higher level of organization and the sources are allocated at the central authority, or decentralized in…

Conclusion The one of a kind association of corporate administration, advancement, and supportability effectively makes up the work culture that is remarkable just to Zappos. Zappos company built up a solid administration framework through corporate administration, which set up, The Ten Core Values. These qualities prompted other overseeing ideas, advancement, and supportability. By progress with overseeing ideas, advancement at Zappos, an exceptional corporate culture in their organization…

A CEO took power too far that lead to himself behind bars. Dennis Kozlowski, CEO of Tyco International, and Mark Belnick, former general counselor, were both charged with more than 30 accounts of misconduct. Power lead Dennis to an unethical decision when it came to stealing money from his company and because of his actions, he was arrested and charged with millions of dollars’ worth of fines. Abusing power to benefit yourself only leads to consequences. Company Background . Johnson Controls is…